Business

January 30, 2011 7:43 PM

Egypt Effect: Stock markets in several Gulf countries plummet

Stock markets in several Gulf countries, where many leading firms have interests in Egypt, plummeted today on mounting concerns over developments in the world's most populous Arab nation. The Dubai Financial Market shed over six percent of its value at the opening of trading week, with the ...

January 29, 2011 1:37 PM

Efforts on to bring down onion price to Rs 22 per kg

Food, Consumer Affairs & Public Distribution Minister Prof K V Thomas has said that efforts are on to bring down onion price to twenty two rupees per kilogram. In a meet the press programme at Thiruvananthapuram he said that due to market intervention onion price has already come down to twe...

January 29, 2011 10:19 AM

Oil prices rebound close to 99 U.S dollar

Oil prices rebounded close to 99 U.S dollar on Saturday, as traders reacted to impressive economic growth in the United States and fretted over worsening political turmoil in Egypt, analysts said. Brent North Sea crude for delivery in March surged 1.39 US dollar to 98.78 U.S dollar per barrel in lat...

January 28, 2011 8:43 PM

Indian port sector crosses 1 bn tonne cargo handling capacity: Govt.

The government on Friday said that the Indian port sector has crossed one billion tonne cargo handling capacity with inauguration of three major projects at Ennore Port. Shipping Minister G K Vasan informed this while inaugurating three major projects with a total capacity of 15 million tonnes per a...

January 28, 2011 7:36 PM

Gold cheaper by <img src="rs.png" border="0" height="11"/> 360

Gold dropped 360 rupees, to 19,960 rupees per ten grams at Delhi&apos;s bullion market, on Friday, on brisk selling by stockists, in line with a weak global trend. This is the first time in nearly three months that gold has slipped below the 20,000 rupee per ten gram level. Silver tumbled 950 ru...

January 28, 2011 7:20 PM

Sensex down by 288 points

Posting its third straight day of losses, the Sensex at the Bombay Stock Exchange plunged 288 points, or 1.5 percent, to a 5-month closing low of 18,396, on broad-based selling, on Friday. The market fell as investors continued to fret about inflation and interest rates. The Nifty shed 92 points, or...

January 28, 2011 7:11 PM

Gold slips below rupees twenty thousand

Gold dropped 360 rupees, to 19,960 rupees per ten grams at Delhi&apos;s bullion market, on Friday, on brisk selling by stockists, in line with a weak global trend. This is the first time in nearly three months that gold has slipped below the 20,000 rupee per ten gram level. Silver tumbled 950 ru...

January 28, 2011 7:10 PM

Gold slips below rupees twenty thousand

Gold dropped 360 rupees, to 19,960 rupees per ten grams at Delhi&apos;s bullion market, on Friday, on brisk selling by stockists, in line with a weak global trend. This is the first time in nearly three months that gold has slipped below the 20,000 rupee per ten gram level. Silver tumbled 950 ru...

January 28, 2011 7:10 PM

Sensex down by 288 points

Posting its third straight day of losses, the Sensex at the Bombay Stock Exchange plunged 288 points, or 1.5 percent, on broad-based selling, to close at 18,396, on Friday, as investors continued to fret about inflation and interest rates. The Nifty at the National Stock Exchange shed 92 points, or ...

January 28, 2011 7:09 PM

Sensex down by <img src="rs.png" border="0" height="11"/> 288 points

Posting its third straight day of losses, the Sensex at the Bombay Stock Exchange plunged 288 points, or 1.5 percent, on broad-based selling, to close at 18,396, on Friday, as investors continued to fret about inflation and interest rates. The Nifty at the National Stock Exchange shed 92 points, or ...

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